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20110701
20110731
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're at war for 10 years, in afghanistan and iraq at surge levels. we assume we're going to be fighting this war for 10 more years, with over 100,000 troops in afghanistan and oh, gosh, wait, we're going to withdraw our troops in 2014. $1 trillion in savings. i've got a better idea. let's pass a bill to cover the moon with yogurt that will cost $5 trillion today. and then let's pass a bill the next day to cancel that bill. we could save $5 trillion. wait, i've got a better idea. our debt is $14 trillion. let's come up with a new plan to spend $14 trillion, then rescind it the next day and let's save $14 trillion. this stuff is fiscal fantasy. you can't make this stuff up, mr. speaker. suggesting that we're going to be in a war at these levels for 10 more years when everybody knows we've already decided not to do that, that does not get us $1.3 trillion in spending cuts. only in washington can you add up math like that. we need real spending cuts. i yield myself an additional minute to say, this is getting serious,r. speaker. very serious. we can't keep spendg money we just don't have. 4
dark. paychecks for troops in afghanistan and iraq and based around the world could stop. f.a.a. towers could shut down. so could the f.b.i. and the c.i.a., border crossings could close, safety inspections of food americans eat and cargo that enters our ports could halt. literally every function of governmentould cease. social security checks, payments to our veterans. we've heard that before. there would be no discussion of which operations and personnel were essential. all the payments would very likely stop. some have said we could priorize which bills to pay. even if that wouldn't irreparably damage our nation's reputation and credit in the global economy a the globe at community, which it would, is also a complete fiction. our government won't even be able to cover the bills due on august 3. it will simply run out of money and because we'll be in default and our credit rating trashed, we'll be able to borrow the money not again to keep running, even if we wanted to. that's a picture secretary geithner painted. like i said, it's grim. many of my republican colleagues understand this
month for military operations in afghanistan alone to prop up a corrupt and incoetent karzai government. how about ending wasteful subsidies to big agriculture companies? how about asking billionaire hedge fund managers to pay the same tax rates as their secretaries? the truth is that the best way to deal with our long-term fiscal situation is to grow our economy. that means creating jobs and putting people back to work. the last election i thought was about jobs. we haven't talked about jobs at all since the new republican majority became -- came to power. that means investing in things like education and inastructure and green technology and medical research. that's the kind of economic future the american people deserve. the boehner default plan would take us exactly in the wrong direction and urge my colleagues on both sides of the aisle to reject it. i yield back the balance of my time. the speaker pro tempore: the gentleman yields back the balance of his time. the gentleman from california has 5 1/2 minutes remaining. the gentleman is recognized. mr. dreier: mr. speaker, as i list
Search Results 0 to 2 of about 3